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Ukraine's 'hot air' bedevils global climate deal

Source:  Copyright 2009, Associated Press
Date:  November 21, 2009
Original URL


Vladimir Gapor is a plumber by trade, but now he's a scavenger, prying bits of scrap steel from the ruins of his old factory and selling them for a pittance.

For others beyond this manufacturing graveyard, however, Ukraine's economic collapse has produced a potential multibillion-dollar bonanza. In an era of climate change regulation and carbon trading, Ukraine, ironically, is profiting from the smokeless smokestacks of its industrial shutdown.

How well and how long it will profit is an under-the-radar issue complicating negotiations for a worldwide climate accord being sought at a 192-nation conference in Copenhagen next month.

Gapor's old factory, which made glass for the Soviet military and space program, shut down in the early 1990s after the Soviet Union disintegrated. Private wrecking crews and desperate jobless people like Gapor then turned the town's industries, which once employed 16,000 workers, into heaps of bricks.

In the days when Ukraine was a Soviet republic, Konstantinovka was a booming town of 100,000 with 25 factories. Concert music filled its Palace of Culture, its workers were rewarded with trips to Crimea's beaches, and its children with stays at mountain ...

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Copyright 2009, Associated Press



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